All-Island Business Monitor

InterTradeIreland’s latest Business Monitor shows a degree of cautious optimism from business owners in both Northern Ireland and the Republic of Ireland.

As the wider economy grapples with the impact of Covid-19 and the end of the Brexit transition period, 63 per-cent of firms surveyed said they are in stable or growth mode. This is compared to just under half in the previous quarter.

The full resumption of economic activity for just over half of firms, including three in four professional service companies and 66 per cent of cross-border traders, has contributed to a sense that the economy is travelling in the right direction.

The infographic illustrating the findings from the latest Business Monitor is below, titled Q1 2021. You can also find the press release on the news section of our website.

The latest InterTradeIreland All-Island Business Monitor (Q4 2020) shows that unsurprisingly many businesses are continuing to struggle, as the Brexit transition ends in the midst of a global pandemic. Half of firms report that they are now contracting, winding down or surviving at all costs, compared to just 13 percent at the same point last year.

The survey reveals that 58% of businesses continue to struggle with reduction in demand for goods and services, low business and consumer confidence and the subsequent impact on their cash flow. The manufacturing and leisure sectors have been particularly impacted by the current challenges, with the pandemic being the primary source of concern for those in industries impacted by lockdowns and social distancing restrictions.

The infographic illustrating the findings from the latest Business Monitor is below, titled Q4 2020. You can also find the press release on the news section of our website